1. This petition is filed under Section 34 of the Arbitration and Conciliation Act, 1996 (for short, “the Act”) for setting aside the award passed by the Arbitrators insofar as it relates to Claim Nos.1, 2, 4, 6 and 8 made by the first respondent (hereinafter referred to as "the Contractor"). The particulars regarding the claim and the award are as under: The petitioner (hereinafter referred to as “the Employer”) has filed the present original petition in respect of the grant of the above said awards.

BACKGROUND FACTS

2.1. The brief facts giving rise to the dispute as well as the passing of the award are as follows: The Contractor was awarded a contract by way of an agreement entered between the Employer and the Contractor on 25.6.2007 for Improvement, Widening and Strengthening of Existing Roads, Construction of storm water drains and cross masonry work inside Thiru Vi-Ka Industrial Estate, Guindy. The contract price, as per the agreement for the work, was ` 9,19,46,759/-. The date of signing of the agreement, as stated above, was 25.6.2007 and the date of commencing of work was 15.6.2007 and as per the terms of agreement, the period fixed for completion of the work w